588 PARK PLACE
588 PARK PLACE is a Class C1 (walk-up, over six families) building in Brooklyn (BBL 3011680030) built in 1907, with 20 residential units across 4 floors.
The building is in NYC community district 308, council district 35, zoning district R6B, on a 5,240-square-foot lot with a building footprint of 13,320 square feet.
The current registered owner of record per NYC PLUTO is FAC CLUSTER HOUSING DEVELOPMENT FUND COR PORATION.
The most recent ACRIS deed transfer for this BBL was recorded on June 28, 2024 when 588 PARK PLACE HOUSING DEVELOPMENT FUND CORPORATIO conveyed the property to FAC CLUSTER HOUSING DEVELOPMENT FUND CORPORATION for $2.58M. The transaction was financed with a $3.59M mortgage from Local Initiatives Support Corporation.
The building is registered with NYC HPD's landlord-registration system and has no open HPD housing-maintenance code violations on record as of May 18, 2026.
Data sourced daily from NYC PLUTO (Department of City Planning), NYC ACRIS (Department of Finance), and NYC HPD housing-maintenance code violations.
Owner of record
HPD registered contacts
- Head OfficerMICHELLE delauz
- Corporate OwnerJOE FAC INFINITY LLC
- Managing AgentFIFTH AVENUE COMMITTEE INC
- Site ManagerANGEL RODRIGUEZ
Most recent deed
Recent ACRIS documents (last 5)
Building stats
- Zoning:
- R6B
- Lot size:
- 5,240 sqft
- Building area:
- 13,320 sqft
- Floors:
- 4
- Assessed value:
- $609K
- Community district:
- 308
- Council district:
- 35
HPD violations
Recent HPD violation details
- Class AInspected May 5, 2026(A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD…
- Class BInspected Apr 4, 2025§ 27-2005 ADM CODE FIRE ESCAPE DEFECTIVE. PROPERLY SECURE SHOE AT DROP LADDER, FIRE ESCAPE AT FRONT OF BUILDING
- Class BInspected Apr 25, 2024§ 27-2005 ADM CODE REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN A UNIFORM COLOR THE CEILING IN THE PRIVATE HALLWAY LOCATED…
- Class BInspected Apr 25, 2024§ 27-2005 ADM CODE REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN A UNIFORM COLOR AT NORTH WALL IN THE FOYER LOCATED AT APT…
- Class BInspected Apr 25, 2024§ 27-2005 ADM CODE REPAIR THE ROOF SO THAT IT WILL NOT LEAK OVER SOUTH WALL IN THE 5th ROOM FROM NORTH LOCATED AT APT 4C, 4th STORY, 1st APA…
Recent ACRIS activity
Other buildings in this portfolio
- 1315 LAFAYETTE AVENUE1,037 violations
- 911 SIMPSON STREET622 violations
- 594 PARK PLACE420 violations
- 1629 EASTERN PARKWAY261 violations
- 130 29 STREET101 violations
Frequently asked questions about 588 PARK PLACE
Who owns 588 PARK PLACE?
The current registered owner of record for 588 PARK PLACE per NYC PLUTO is FAC CLUSTER HOUSING DEVELOPMENT FUND COR PORATION. The most recent ACRIS deed transfer for this BBL was recorded on June 28, 2024 when the property was conveyed to FAC CLUSTER HOUSING DEVELOPMENT FUND CORPORATION. PLUTO ownership is refreshed monthly by NYC Department of Finance; the registered owner may not reflect transactions recorded within the last 30 days.
When was 588 PARK PLACE last sold?
The most recent ACRIS deed transfer for 588 PARK PLACE was recorded on June 28, 2024, when 588 PARK PLACE HOUSING DEVELOPMENT FUND CORPORATIO conveyed the property to FAC CLUSTER HOUSING DEVELOPMENT FUND CORPORATION for $2.58M. The transaction was financed with a $3.59M mortgage from Local Initiatives Support Corporation.
How many HPD violations does 588 PARK PLACE have?
No open HPD housing-maintenance code violations are on record for 588 PARK PLACE as of May 18, 2026. The building is registered with NYC HPD's landlord-registration system. HPD violation data is pulled daily from the NYC Open Data violations feed.
What is the assessed value of 588 PARK PLACE?
NYC Department of Finance assesses 588 PARK PLACE at $609K for the current tax year. NYC assesses property at a fraction of estimated market value (the assessment ratio varies by tax class — 6% for tax class 1 one-to-three-family dwellings, approximately 45% for tax class 2 rental apartment buildings), so the market value implied by this assessment is meaningfully higher. Assessment data is published by NYC Department of Finance.
What building class is 588 PARK PLACE and what does that mean?
588 PARK PLACE is NYC building class C1 — Walk-up, over six families. A 3-to-6-story walk-up apartment building with more than 6 residential units. Building class is assigned by NYC Department of Finance and recorded in PLUTO; it determines the property's tax class and the regulatory regime that applies.